Record Global Fibre Production Pushes Fashion’s Environmental Footprint Higher
Planet-warming emissions associated with the raw materials used to make fashion, footwear and home textiles have risen 30 percent since 2019, according to a new report.
acquisition
News & Analysis
Walmart Is in Advanced Talks to Acquire Online Men's Retailer Bonobos
"The largest of the Walmart deals under Lore was $70 million, but sources say Bonobos will go for more than that."
News & Analysis
The Top 10 M&A Targets in Fashion and Luxury
As industry growth slows, fashion’s biggest players are looking to grow by acquisition. BoF identifies the top targets in their cross hairs.
News & Analysis
Report: Meredith Offer Falls Short of Time Inc's Price Expectations
Time Inc is looking to sell itself for more than $20 per share, but Meredith has so far made a preliminary offer with a price range that values it below that.
Retail
Retail Woes Dampen Investors' Appetite For Deals
The number of mergers involving apparel, shoes and jewellery dropped 12 percent to 115 in the past year.
Retail
Op-Ed | Kate Spade's Takeover Isn't in the Bag Yet
Expectations of a takeover appear to have soared beyond what's realistic. And yet there are some who still harbour hopes of an even bigger premium.
Retail
Amazon Wins Battle to Buy Souq.com
The US e-commerce giant trumped an offer from Emaar Malls PJSC, the operator of the world’s biggest shopping centre, which bid $800 million for Souq.com.
News & Analysis
Coach Said to Be Readying Kate Spade Buy
Sources say Coach is set to soon announce its intention to acquire Kate Spade. But will another bidder get there first?
Beauty
Report: Buyout Funds Line Up Bids For The Body Shop Amid Pricing Challenges
L'Oreal, which bought the company in 2006, sent out information packages earlier this month to a large number of bidders, hoping for a valuation of close to 1 billion euros.
Beauty
Perfumer Speaks on Rare LVMH Acquisition
Maison Francis Kurkdjian's founders tell BoF about LVMH's acquisition of their company and what the deal means for the future.
Retail
Wal-Mart Buys Online Clothing Seller ModCloth
Wal-Mart has been making a big push to pick up smaller online brands as it tries to make headway against Amazon.
Retail
How Neiman Marcus Readied Itself for Potential Sale
The Dallas-based retailer restructured its considerable debt to appeal to buyers after yet another disappointing quarter.
News & Analysis
Kraft's Shock Bid Triggers Unilever Focus on Short-term Value
Kraft Heinz's bid has jolted Unilever into focusing more on delivering on its strategy in the short-term, the Anglo-Dutch company's finance chief said on Friday.
The News in Brief
Novo Nordisk Looks to Target Hair Loss in Consumer Push
The maker of Ozempic and Wegovy seeks to expand its direct-to-consumer pharmaceutical business as rival Eli Lilly outpaces in weight-loss drugs.
On Targets High-Teens Growth Through 2029
The Swiss brand revealed its plan to keep up its momentum with new products in sports such as golf and its Mbappé-supported entry into football ahead of its investor day Tuesday.
Reference Festival to Host ‘Freie Kunst’ Event at Art Basel Paris
The event runs from Oct. 22 to 25 and will mix participants from art, fashion, music and technology as part of the festival’s tradition of a ‘radical and unhinged exchange of ideas,’ said Mumi Haiati, founder of the event’s organiser Reference Studios.
Amazon Blocks Meta’s Muse AI Agent From Its Retail Site
The e-commerce giant prohibits other companies from deploying automated tools to shop its site and started blocking Meta’s Muse on Sunday night.
Dior to Host Cruise Show in Shanghai
The LVMH-owned megabrand will show its Cruise 2028 line in the Chinese fashion capital on May 14, 2027.
Oura Seeks $2.2 Billion in US IPO
The smart ring maker plans to market 50 million shares for $40 to $44 each, according to filings, which could value the company as high as $14.1 billion.
PR Agency CGC Launches Performance Media Division
Known for its premium beauty clients including Glossier and Hermès Beauty, the agency’s new division combines influencer marketing and AI insights.